Narrow search
Showing 1 - 10 of 29,545
Cover Image
An oversimplified inquiry into the sources of exchange rate variability
Kempa, Bernd - 2003
decompositions based on statistical vector autoregression (VAR) analysis, this study takes as a starting point a simple textbook … triangular format resembling the identification procedure of the VAR methodology. Applied to major bilateral exchange rate series …
Persistent link: https://www.econbiz.de/10010302260
Cover Image
An oversimplified inquiry into the sources of exchange rate variability
Kempa, Bernd - 2003
decompositions based on statistical vector autoregression (VAR) analysis, this study takes as a starting point a simple textbook … triangular format resembling the identification procedure of the VAR methodology. Applied to major bilateral exchange rate series …
Persistent link: https://www.econbiz.de/10010494184
Cover Image
An oversimplified inquiry into the sources of exchange rate variability
Kempa, Bernd - Fachbereich Wirtschaftswissenschaften, Universität … - 2003
decompositions based on statistical vector autoregression (VAR) analysis, this study takes as a starting point a simple textbook … triangular format resembling the identification procedure of the VAR methodology. Applied to major bilateral exchange rate series …
Persistent link: https://www.econbiz.de/10008676498
Cover Image
How Important are Nominal Shocks in Driving Real Exchange Rates? / Wie bedeutend sind nominale Schocks zur Erklärung realer Wechselkursbewegungen?
Kempa, Bernd - In: Jahrbücher für Nationalökonomie und Statistik 225 (2005) 2, pp. 192-204
VAR analysis using long-run identification restrictions only. This paper presents an analogous decomposition on the basis … model. In order to facilitate a comparison with the results from the structural VAR studies, very similar data are used here … property of exchange rates. This is in contrast to the delayed exchange rate responses typical in the structural VAR studies …
Persistent link: https://www.econbiz.de/10014609039
Cover Image
Using the global dimension to identify shocks with sign restrictions
Chudik, Alexander; Fidora, Michael - 2011
(2005) and a large scale model, introducing the sign restrictions approach to the global VAR (GVAR) literature, that allows …
Persistent link: https://www.econbiz.de/10011605364
Cover Image
Una evaluación de la efectividad y el impacto en el bienestar de los controles de capital en Colombia
Poveda, Daniel; Hamann, Franz - UNIVERSIDAD DE LOS ANDES-CEDE - 2013
El objetivo de este trabajo es responder dos preguntas de política relacionadas con el uso de un depósito no remunerado como forma de control de capitales en una economía pequeña y abierta como la colombiana: ¿Son un instrumento efectivo para reducir el endeudamiento externo de los agentes...
Persistent link: https://www.econbiz.de/10010796058
Cover Image
Exchange Rate Variability Inside and Outside the EMU
Bergbom, Lennart - 1998
An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not necessarily true. Both real and nominal exchange rate variability increase under certain circumstances when asymmetric demand shocks occur inside or outside the union. These results...
Persistent link: https://www.econbiz.de/10010321810
Cover Image
Exchange rate variability inside and outside the EMU
Bergbom, Lennart - 1998
An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not necessarily true. Both real and nominal exchange rate variability increase under certain circumstances when asymmetric demand shocks occur inside or outside the union. These results...
Persistent link: https://www.econbiz.de/10011589019
Cover Image
Exchange Rate Variability Inside and Outside the EMU
Bergbom, Lennart - Nationalekonomiska Institutionen, Uppsala Universitet - 1998
An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not necessarily true. Both real and nominal exchange rate variability increase under certain circumstances when asymmetric demand shocks occur inside or outside the union. These results...
Persistent link: https://www.econbiz.de/10005644554
Cover Image
Exchange Rate as a Determinant of Foreign Direct Investment: Does it Really Matter? Theoretical Aspects, Literature Review and Applied Proposal
Ruiz, Isabel Cristina - In: REVISTA ECOS DE ECONOMÍA (2005)
Resumen:This paper re-examines the role of exchange rates as determinant of FDI. It extends the analysis to include the issue of how exchange rates determine the decision of invest in one country depending on whether the firm is deciding to invest on the country to service the local market or to...
Persistent link: https://www.econbiz.de/10011147576